Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Download Solution

Related Solution

Foreign Direct Inves...
Joint ventures are different from FDI as two or more parties have to agree for investing equity, effort and time for the international business. Such restrictions are not there in FDI (Iamsiraroj, 201...

Foreign direct investment
Foreign direct investment

Joint ventures are different from FDI as two or mo

week 5 theories of...
According to the labeling theory, people are labeled or tagged as deviant without the fact that they might, or might not be deviant. People who are labeled often become deviant as they are already tag...

Week 5 Theories of Graphic Organizer
Week 5 Theories of Graphic Organizer

According to the labeling theory, people are label

Extra Credit 8_16354...
Dr. Olsen seemed to be very professional and strict. But such strong headed professor can really make changes. Dr. Olsen has made so many changes in the professor. It is important that an organized wr...

Extra Credit 8
Extra Credit 8

Dr. Olsen seemed to be very professional and stric

Module 14 Discussion Board Question

Module 14 Discussion Board Question

Q According to Karl Marx in The Communist Manifesto, a communist society was one in which all members equally contributed to each other's livelihood free from social class distinctions, centralized government, and capitalism. Knowing this, would you call China a communist country? Why?

View Related Questions

Solution Preview

View Complete Solution
China is one of the emerging superpowers of the world. This east-Asian country has a highly developed and sophisticated economy and is the second-largest in the world in terms of GDP. It is common knowledge that China is known to the world as a Communist country. However, the question remains-Is it true? Does China fit the definition of a communist country that Karl Marx elaborated in his “Communist Manifesto”? Well, after considering the massive economic and social changes that China has undergone, it is safe to say that China has a form of state capitalism within the framework of a Communist party rule.